EURO CONSULT: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
EURO CONSULT
Largest movements
- Financial fixed assets +€130,354
up €130,354 (+37.8%), from €345,067 to €475,421
- Cash +€54,760
up €54,760 (+27.8%), from €196,685 to €251,444
mainly Net result for the year (+€110,493) and Receivables within one year (+€53,612)
- Receivables within one year -€53,612
down €53,612 (-70.6%), from €75,909 to €22,296
of which Other amounts receivable: -€55,524
- Reserves +€110,493
up €110,493 (+73.2%), from €151,031 to €261,524
of which Distributable reserves: +€110,493
- Tax, wage and social debts +€40,691
up €40,691 (+243%), from €16,775 to €57,466
of which Remuneration and social security: +€49,471
- Debts after one year -€22,873
down €22,873 (-4.5%), from €509,056 to €486,183
- Financial income +€93,726
up €93,726 (+1,050%), from €8,923 to €102,649
- Financial charges +€55,697
up €55,697 (+633%), from €8,803 to €64,500
- Taxes -€4,344
down €4,344 (-15.9%), from €27,343 to €23,000
- Gross operating margin +€1,529
up €1,529 (+1.5%), from €101,702 to €103,231
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €701,582 | €830,024 | +€128,442 | +18.3% |
| Fixed assets | 21/28 | €366,155 | €492,026 | +€125,871 | +34.4% |
| Tangible fixed assets | 22/27 | €21,089 | €16,605 | -€4,483 | -21.3% |
| Plant, machinery and equipment | 23 | €1,997 | €3,079 | +€1,083 | +54.2% |
| Furniture and vehicles | 24 | €19,092 | €13,526 | -€5,566 | -29.2% |
| Financial fixed assets | 28 | €345,067 | €475,421 | +€130,354 | +37.8% |
| Current assets | 29/58 | €335,426 | €337,997 | +€2,571 | +0.8% |
| Amounts receivable after more than one year | 29 | €60,683 | €60,683 | = | 0.0% |
| Other amounts receivable | 291 | €60,683 | €60,683 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €75,909 | €22,296 | -€53,612 | -70.6% |
| Trade receivables | 40 | €17,982 | €19,893 | +€1,911 | +10.6% |
| Other amounts receivable | 41 | €57,927 | €2,403 | -€55,524 | -95.9% |
| Cash at bank and in hand | 54/58 | €196,685 | €251,444 | +€54,760 | +27.8% |
| Deferred charges and accrued income | 490/1 | €2,150 | €3,573 | +€1,424 | +66.2% |
| Total equity and liabilities | 10/49 | €701,582 | €830,024 | +€128,442 | +18.3% |
| Equity | 10/15 | €174,614 | €284,274 | +€109,660 | +62.8% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €151,031 | €261,524 | +€110,493 | +73.2% |
| Tax-exempt reserves | 132 | €507 | €507 | = | 0.0% |
| Distributable reserves | 133 | €150,524 | €261,017 | +€110,493 | +73.4% |
| Profit (loss) carried forward | 14 | €3,123 | €2,290 | -€833 | -26.7% |
| Provisions and deferred taxes | 16 | €100 | €100 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €100 | €100 | = | 0.0% |
| Environmental obligations | 163 | €100 | €100 | = | 0.0% |
| Amounts payable | 17/49 | €526,868 | €545,650 | +€18,782 | +3.6% |
| Amounts payable after more than one year | 17 | €509,056 | €486,183 | -€22,873 | -4.5% |
| Other amounts payable | 178/9 | €509,056 | €486,183 | -€22,873 | -4.5% |
| Amounts payable within one year | 42/48 | €17,812 | €59,467 | +€41,655 | +234% |
| Trade debts | 44 | €203 | €1,168 | +€964 | +474% |
| Suppliers | 440/4 | €203 | €1,168 | +€964 | +474% |
| Taxes, remuneration and social security | 45 | €16,775 | €57,466 | +€40,691 | +243% |
| Taxes | 450/3 | €16,717 | €7,937 | -€8,779 | -52.5% |
| Remuneration and social security | 454/9 | €58 | €49,529 | +€49,471 | +84,623% |
| Other amounts payable | 47/48 | €833 | €833 | = | 0.0% |
| Remuneration, social security and pensions | 62 | - | -€23 | -€23 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,542 | €6,941 | +€399 | +6.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€300 | - | +€300 | |
| Other operating charges | 640/8 | €947 | €969 | +€22 | +2.3% |
| Gross operating margin | 9900 | €101,702 | €103,231 | +€1,529 | +1.5% |
| Operating profit (loss) | 9901 | €94,513 | €95,343 | +€831 | +0.9% |
| Financial income | 75/76B | €8,923 | €102,649 | +€93,726 | +1,050% |
| Recurring financial income | 75 | €8,923 | €102,649 | +€93,726 | +1,050% |
| Financial charges | 65/66B | €8,803 | €64,500 | +€55,697 | +633% |
| Recurring financial charges | 65 | €8,803 | €64,500 | +€55,697 | +633% |
| Profit (loss) for the period before taxes | 9903 | €94,633 | €133,493 | +€38,860 | +41.1% |
| Income taxes | 67/77 | €27,343 | €23,000 | -€4,344 | -15.9% |
| Profit (loss) for the period | 9904 | €67,289 | €110,493 | +€43,204 | +64.2% |
| Profit (loss) for the period to be appropriated | 9905 | €67,289 | €110,493 | +€43,204 | +64.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.